Ayr Wellness Inc. (OTCMKTS:AYRWF) Short Interest Down 24.8% in October

Ayr Wellness Inc. (OTCMKTS:AYRWF - Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 454,500 shares, a decline of 24.8% from the September 30th total of 604,400 shares. Based on an average daily volume of 322,000 shares, the days-to-cover ratio is currently 1.4 days.

Ayr Wellness Price Performance

Shares of OTCMKTS:AYRWF traded up $0.07 during trading on Friday, hitting $2.42. 224,437 shares of the company were exchanged, compared to its average volume of 258,173. The company has a quick ratio of 0.67, a current ratio of 1.75 and a debt-to-equity ratio of 0.70. Ayr Wellness has a 1-year low of $1.07 and a 1-year high of $4.09. The company has a market capitalization of $277.55 million, a P/E ratio of -1.15 and a beta of 2.05. The business's 50 day moving average is $1.89 and its 200-day moving average is $2.09.

Ayr Wellness (OTCMKTS:AYRWF - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.08). The firm had revenue of $117.31 million during the quarter, compared to the consensus estimate of $119.30 million. Ayr Wellness had a negative net margin of 41.40% and a negative return on equity of 19.00%. Equities analysts forecast that Ayr Wellness will post -1.19 earnings per share for the current year.

Ayr Wellness Company Profile

Ayr Wellness Inc operates as a vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. It owns and operates a chain of cannabis retail stores under AYR, Liberty Health Sciences, and The Dispensary brand names.